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Showing 71 - 80 of 11493 results for "Change"

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
Resolution Life has acquired Asteron Life New Zealand for NZ$410 million. Resolution Life will buy the business from Suncorp Group. In doing so, it will become the second largest life insurer in New Zealand, with about 165 employees and a network of ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
The Guardians of NZ Superannuation Fund has confirmed the chief investment officer is departing just one week after it announced the appointment of a new chief executive. Chief investment officer Stephen Gilmore will leave the NZ Super Fund at the end ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
Acclaim Wealth is preparing to conduct a data migration for its AMG Super Personal Pension Division next week, involving approximately 6000 members with funds under management of $1.6 billion. The migration will move these members from an old FNZ technology ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... maintained its position as the best brand among asset managers in the US and APAC, though subtle shifts are signalling change, according to the latest Broadridge Fund Brand 50 report. Incorporating insights from 1200 fund selectors and gatekeepers, the ...

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... power and battery storage. The report said the global energy transition will arguably be "the most significant structural change" undertaken since the early industrial revolution. "Over the next three decades, over $100 trillion will need to be deployed ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... dollars in superannuation are being disconnected from Indigenous communities which highlights the urgent need for systemic change to prevent such significant losses. Through our outreach initiatives, we've shown that offering culturally sensitive ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... are much too quick to jump to conclusions under some conditions and, under other conditions, they are much too slow to change," Kahneman once said. "Many people are overconfident, prone to place too much faith in their intuitions," he wrote in his book ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... And before my generation fully disappears from positions of corporate and political leadership, we have an obligation to change that." Fink continued explaining that on rare occasions, the US is confronted with a predicament so gargantuan and pressing ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance ...